💥It's a "Creditor Takeover"💥
November Rain: several large chapter 11 cases dump in to bankruptcy court.
In yesterday’s paying-subscribers’ only edition …
… we did a nice little run down of the flurry of November big case chapter 11 bankruptcy activity.
Wow, 🤯, chapter 11 volume — and size! — has suddenly picked up in November. In the last three weeks, there’s been a meaningful cohort of case filings with meaningful amounts of funded debt:
📍Franchise Gr…